open outcry

noun

A trading method whereby traders gather in person, often in a pit, and call out to all their desire to buy or sell a quantity at a given price, transactions being consummated when two parties can agree on a price. Most frequently used in securities markets.

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Meanings

nounopen outcry (uncountable)
  1. uncountablebusinessA trading method whereby traders gather in person, often in a pit, and call out to all their desire to buy or sell a quantity at a given price, transactions being consummated when two parties can agree on a price. Most frequently used in securities markets.
Cite this entry
APA

open outcry. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/open%20outcry

MLA

“open outcry.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/open%20outcry. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “open outcry,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/open%20outcry.

Source: open outcry on Wiktionary, CC BY-SA 4.0.